Versus median forecast of +7.5. Whoops. Lowest read since July 2009.

US July leading economic indicators meanwhile +0.1%, exactly as expected.

Macro funds being reported notable sellers EUR/USD in recent trade. We’re back down at 1.2870. S&P off 1.4%.

Weak US data, lower US yields have put USD/JPY under some pressure, presently down at 85.00.